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Prudential CFO sees retirees' billions powering new growth phase
RETIREMENT RETIREMENT PLANNING JAN 30, 2025
Prudential CFO sees retirees' billions powering new growth phase

The finance leader spies a booming opportunity from annuity demand and pension risk transfers as the insurance giant ushers in its next chief executive.

Bitcoin jumps further following Fed decision, Powell comments
INVESTING ALTERNATIVES JAN 30, 2025
Bitcoin jumps further following Fed decision, Powell comments

The world's largest digital asset pushed higher after the Federal Reserve chair signaled a prudently supportive stance for banks' crypto adoption.

Powell says Fed can take its time on rate cuts
NEWS INDUSTRY NEWS JAN 30, 2025
Powell says Fed can take its time on rate cuts

Strong economy gives officials time to assess inflation progress.

Meta stock rises as Zuckerberg hails 'really big year' for AI
NEWS INDUSTRY NEWS JAN 30, 2025
Meta stock rises as Zuckerberg hails 'really big year' for AI

Billionaire entrepreneur expects to have the leading AI assistant.

Tesla profit misses estimates but robotaxi plans offer relief
NEWS INDUSTRY NEWS JAN 30, 2025
Tesla profit misses estimates but robotaxi plans offer relief

The companies shares rebounded early Thursday.

Climate tech funding slumps as investors prioritize AI
NEWS INDUSTRY NEWS JAN 30, 2025
Climate tech funding slumps as investors prioritize AI

Global VC and equity financing down 40% in 2024.

Wall Street's levered-ETF boom is close to becoming a billion-dollar moneymaker
INVESTING ETFS JAN 29, 2025
Wall Street's levered-ETF boom is close to becoming a billion-dollar moneymaker

The firms behind the supercharged strategies saw a 37 percent jump in revenues last year as maverick traders chased market opportunities.

Trump Media unveils fintech offering Truth.Fi
INVESTING ALTERNATIVES JAN 29, 2025
Trump Media unveils fintech offering Truth.Fi

The new brand launched in partnership with Schwab aims to tap into investors' growing appetite for SMAs, ETFs, and Bitcoin.

Traders bet on big Treasuries rally ahead of Fed's Jerome speech
INVESTING FIXED INCOME JAN 29, 2025
Traders bet on big Treasuries rally ahead of Fed's Jerome speech

No rate cut expected today but signals for March are anticipated.

Job cuts, halted programs ordered as Trump shakes up government
NEWS INDUSTRY NEWS JAN 29, 2025
Job cuts, halted programs ordered as Trump shakes up government

Some federal workers have been offered buyouts.